October 30, 2013		VIA EDGAR

Securities and Exchange Commission

100 F Street, N.E.

Washington, D.C. 20549

 

Re:	Rule 17g-1 Fidelity Bond Filing for the following business development company:

 

Monroe Capital Corporation (the “Company”)

Ladies and Gentlemen:

Enclosed for filing, pursuant to Rule 17g-1 under the Investment Company Act of 1940, as amended (the “1940 Act”), please find the following information with respect to the Company. Please note the following for the Commission’s records:

 

1.	A copy of an Investment Company Bond issued by Travelers – St. Paul Fire and Marine Insurance Company (the “Bond”), Bond No. 15R2765A, which lists the Company as an insured, is enclosed under Exhibit 99-1.

 

2.

A certificate of the Company’s Corporate Secretary in which he attests to the authenticity and accuracy of resolutions adopted by the members of the Company’s Board of Directors (including those members who are not “interested persons,” as defined in the 1940 Act, of the Company) which authorize the purchase of a bond in a form and in an amount which is consistent with Rule 17g-1 under the 1940 Act, is enclosed under Exhibit 99-2.

 

3.	The Bond premium has been paid for the coverage period from October 25, 2013 to October 25, 2014, and the Bond is written for a $2,500,000 limit of liability.

Very truly yours,

/s/ Aaron D. Peck

Aaron D. Peck, Chief Compliance Officer

SelectOne SM Bond
		TRAVELERS SUITE 2200 200 NORTH LASALLE STREET CHICAGO, IL 60601

10/24/2013

LOCKTON COMPANIES LLC

Patrick McChrystal

525 W Monroe, Suite 600

Chicago, IL 60661

 

Binder

Bond Policy Number:     15R2765A

Prior Bond Number:

ZBN-14T19079-12-N2

We are pleased to offer the following Binder for Investment Company Blanket Bond coverages.

 

Insured:		Monroe Capital Corporation Chicago, IL 60606
Company:		St. Paul Fire & Marine Insurance Company
Term:		10/25/2013 to 10/25/2014
Commission:		15.0%
Bond Premium Payable [Pre-Paid]:				$8,325
Bill Type:		Agency Bill
Payment Type:		Lump Sum / Full Pay		1 installments

 

Insuring Agreements		— Single Loss — Limit of Liability				— Single Loss — Deductible Amount
All insuring agreements are shown. A checked checkbox indicates an agreement that was selected by the insured.
þ (A) Fidelity			$2,500,000				$100,000
¨ Data Processing Organizations
¨ Partners
þ (B) Audit Expense			$100,000				$0
þ (C) Premises			Same As Insuring Agreement A				Same As Insuring Agreement A
þ (D)Transit			Same As Insuring Agreement A				Same As Insuring Agreement A
þ (E) Forgery or Alteration			$2,500,000				$100,000

 

1

---

SelectOne SM Bond

 

Insuring Agreements					— Single Loss —						— Single Loss —
					Limit of Liability						Deductible Amount
All insuring agreements are shown. A checked checkbox indicates an agreement that was selected by the insured.
þ (F) Securities					$2,500,000						$100,000
þ (G) Counterfeit Currency		Same As Insuring Agreement A						Same As Insuring Agreement A
þ (H) Stop Payment					$100,000						$5,000
þ (I)Uncollectible Items of Deposit					$100,000						$5,000
þ Computer Systems					$2,500,000			Same As Insuring Agreement A
þ Voice Initiated Transactions					$2,500,000						$100,000
þ Telefacsimile					$2,500,000						$100,000
þ Unauthorized Signature					$2,500,000						$100,000
¨ Registered Representatives
¨ Extortion – Threats to Persons and Property

Endorsements

 

Form #		Form Title
ICB001		Investment Company Blanket Bond Declarations Page
ICB005		Investment Company Blanket Bond Form
ICB011		Computer Systems
ICB012		Unauthorized Signature
ICB013		Telefacsimile Coverage
ICB014		Voice Initiated Transactions
ICB016		Definition of Investment Company
ICB025		Amend General Agreement A - Newly Created Investment Companies
ICB026		Add Exclusions N&O (Mandatory)
ICB027		Joint Loss Payee Rider - ING

 

2

---

SelectOne SM Bond

Proposal Subjectivities - For Investment Company Blanket Bond

 

þ

This binder is a conditional binder, valid until 11/25/2013. This binder will expire on the noted date, at the noted time, unless the required underwriting information stated below is provided to Travelers and then reviewed and accepted by Travelers prior to the noted expiration date and time. This binder shows the premiums of the general coverages described, but in no way changes or affects any terms, conditions or exclusions of policies as actually issued.

 

þ	A Travelers Investment Company Blanket Bond Application, (ICB003) that must be properly completed, signed and dated on or before the effective date of coverage.

Thank you for considering the Travelers for your client’s specialty insurance coverages. Please call if you have any questions regarding the terms and conditions offered here.

 

 

Anupama Nagaraju		Telephone:		312/458-6687
Acct Exec Officer Bond/FPS		Facsimile:		312/458-6674
		E-mail Address:		ANAGARA3@travelers.com

 

3

---

IMPORTANT NOTICE REGARDING COMPENSATION DISCLOSURE

 

 

For information about how Travelers compensates independent agents, brokers, or other insurance producers, please visit this website:

http://www.travelers.com/w3c/legal/Producer_Compensation_Disclosure.html

If you prefer, you can call the following toll-free number: 1-866-904-8348. Or you can write to us at Travelers, Enterprise Development, One Tower Square, Hartford, CT 06183

 

 

 

 

D0148 Ed. 05-08		Page 1 of 1

Secretary’s Certificate

The undersigned hereby certifies that the below resolutions adopted by written consent of Monroe Capital Corporation’s Board of Directors, dated October 28, 2013, are authentic.

IN WITNESS WHEREOF, I have hereunto set my hand as of the 30^th day of October, 2013.

 

RESOLUTIONS OF THE BOARD OF DIRECTORS OF

MONROE CAPITAL CORPORATION

Adopted by Unanimous Written Consent, dated October 28, 2013

WHEREAS, the Board, by resolutions adopted at a duly called meeting on October 22, 2012, approved that the officers of the Corporation, among other things, establish a bond issued by Travelers-St. Paul Fire & Marine Insurance Company, a reputable fidelity insurance company, against larceny and embezzlement, covering each officer and employee of the Corporation, who may have access to securities or funds of the Corporation, either directly or through authority to draw upon such funds or to direct generally the disposition of such securities (“Fidelity Bond”), pursuant to Rule 17g-1 of the Investment Company Act of 1940 Act (the “1940 Act”), and to file with the Securities and Exchange Commission all such agreements, instruments, certificates, permits and other documents as may be necessary, required or advisable in order to maintain such Fidelity Bond; and

WHEREAS, pursuant to Rule 17g-1 of the 1940, the Corporation is required to maintain adequate coverage under the Fidelity Bond; and

WHEREAS, on October 24, 2013, the officers of the Corporation, on behalf of the Corporation, entered into a renewal of the Fidelity Bond for the following year, which includes coverage of $2,500,000 (the “New Fidelity Bond”), which exceeds the minimum amount required by Rule 17g-1;

THEREFORE BE IT RESOLVED, that the members of the Board, a majority of whom are not interested persons under the 1940 Act, hereby acknowledge and agree that the New Fidelity Bond is reasonable in form and amount;

RESOLVED, FURTHER, that the appropriate officers of the Corporation be, and they hereby are, authorized to enter into the New Fidelity Bond for the Corporation;

RESOLVED, FURTHER, that any and all previous actions taken by the Corporation’s officers, principals or agents in connection with the New Fidelity Bond be, and hereby are, approved and ratified as duly authorized actions of the Corporation.

RESOLVED, FURTHER, that the appropriate officers of the Corporation be, and each of them hereby is, authorized and directed, for and on behalf of the Corporation, to file the New Fidelity Bond with the Securities and Exchange Commission and to give the notices with respect to such bond, if any, required by the 1940 Act.